THE HAGUE, the Netherlands, September 28, 2015 /PRNewswire/ -- Shell (NYSE:RDS.A)(NYSE:RDS.B) today provides an update on the Burger J exploration well, located in Alaska's Chukchi Sea. The Burger J well is approximately 150 miles from Barrow, Alaska, in about 150 feet of water. Shell safely drilled the well to a total depth of 6800 feet this summer in a basin that demonstrates many of the key attributes of a major petroleum basin. For an area equivalent to half the size of the Gulf of [Read more]
The University of Maryland Receives $50,000 Grant from Dominion Foundation
COLLEGE PARK, Md., Sept. 25, 2015 /PRNewswire-USNewswire/ -- On September 25, Dominion Foundation presented the University of Maryland (UMD) with a $50,000 educational grant. The grant, part of Dominion's Higher Educational Partnership, was one of 40 awarded to colleges and post-secondary schools to fund projects in energy, environmental studies, engineering and workforce development. Maryland's project, "Design of Efficient Solar Cooling System with High Coefficient of Performance," is led by [Read more]
Recon Technology, Ltd. Reports Fiscal Year 2015 Financial Results
BEIJING, Sept. 25, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today reported its financial results for the fiscal year 2015, which ended June 30, 2015. FY2015 Financial Highlights: Total revenues for FY2015 were RMB51.5 million ($8.5 million), a decrease of 44.9% from FY2014. Gross profit for FY2015 was RMB10.1million ($1.7 million), a decrease of 68.8% from FY2014. [Read more]
Former Ambassador Joins Danick Resources’ Advisory Board
DALLAS, Sept. 24, 2015 /PRNewswire/ -- The company proudly announced today that His Excellency Jose A. Ruiz has become a member of Danick Resources, Inc.'s Advisory Board founded by Otto Harrison, former President of Exxon Pipeline Company and Exxon's U.S. Production Chief. H.E. Ruiz is a Panamanian executive who served as Panama's Ambassador to Singapore and Dean of the Diplomatic and Consular Corp in Singapore from September 2009 to October 2014. As Ambassador and Dean, H.E. Ruiz-Blanco was [Read more]
Blame the Bakken? Is this the New Wild West?
HOUSTON, Sept. 24, 2015 /PRNewswire/ -- Despite the oil and gas market downturn, North Dakota's increased crime rates, sparked during the boom, show no signs of braking. Amid Slowdown, Bakken Drug Arrests, Violence Continue, uniquely offers details relevant to industry professionals. The article takes an investigative look at how the influx of highly-paid oilfield workers fueled tensions with local residents, the crimes that followed, and why the chaos remains. "Limited opportunities for [Read more]
Atlas Resource Partners Announces Monthly Distribution For August 2015
PHILADELPHIA, Sept. 24, 2015 /PRNewswire/ -- Atlas Resource Partners, L.P. (NYSE: ARP) today declared its monthly distribution for the month of August 2015 of $0.1083 per common unit, or $1.30 per unit on an annual basis. The August 2015 distribution is payable Thursday, October 15, 2015 to holders of record as of Thursday, October 8, 2015. Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration & production master limited partnership which owns an interest in over 14,500 producing natural [Read more]
Cabot Oil & Gas Corporation Announces Third Quarter 2015 Earnings Release Date and Conference Call
HOUSTON, Sept. 24, 2015 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) will host its third quarter 2015 earnings conference call on Friday, October 23, 2015 at 9:30 a.m. Eastern Time. The Company plans to issue its financial and operating results prior to the market opening on the same day. To access the live audio webcast, please visit the Investor Relations section of the Company's website at www.cabotog.com. A replay of the call will also be available on the Company's website. [Read more]
Basic Energy Services Announces Third Quarter 2015 Earnings Release And Conference Call Schedule
FORT WORTH, Texas, Sept. 24, 2015 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its third quarter 2015 financial results after the market closes on Thursday, October 22, 2015. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Friday, October 23, 2015, starting at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). What: Basic Energy Services Third Quarter 2015 Earnings [Read more]
CIG Logistics Selected To Operate Southton Rail Yard
SAN ANTONIO, Sept. 24, 2015 /PRNewswire/ -- CIG Logistics, an industry-leading oil and gas logistics provider, has been awarded the contract to operate and manage the Southton Rail Yard in San Antonio. The 300-acre rail yard is designed for transloading and storage of energy-related products for the Eagle Ford Shale play. With 160 direct train-to-truck car spots and an ideal location, the Southton Rail Yard has the perfect capacity and proximity to South Texas drilling sites to help oil [Read more]
United States Will Be Net Exporter of Natural Gas by 2017
DENVER, Sept. 24, 2015 /PRNewswire/ -- The United States' natural gas demand is currently growing at the fastest pace since the early 1970s, and demand growth has now supplanted supply growth as the cornerstone for the outlook of the U.S. natural gas industry over the next five years, according to a new CoBank research report. The newly issued report entitled "U.S. Natural Gas Outlook through 2020: Demand Is the New Captain of the Ship," points out that the promise of low-cost, reliable [Read more]
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